Research Methodology – Point-of-Sale Terminals Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Point-of-Sale Terminals Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Point-of-Sale Terminals Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Type of Point-of-Sale (POS) Terminals â Mobile POS, Standalone POS, etc.
- Market Segmentation â By industry, by application, by region, etc.
- Type of technology used in the POS Terminal â Near Field Communication, EMV, etc.
- Size and number of businesses using POS terminals
- Prices of different POS terminals
- Government policies related to POS terminals
- Consumer behaviour towards cashless transactions
- Level of competition in the market
- Forecasted growth or decline in the industry
Key Market Indicators
- The number of POS terminals sold
- Yearly revenue from POS terminals market
- Market share of cloud-based vs traditional POS terminals
- The usage rate of mobile POS terminals
- Shift in consumer preference towards digital payments
- Trends in the retail, hospitality, and other sectors where POS terminals are predominantly used
- Growth of eCommerce and influence on the POS terminal market
- Trends in technology advancements for POS terminals
Growth Trends
- Increasing adoption of contactless payment methods
- Shift towards mobile POS terminals
- Increasing usage of cloud-based POS systems
- Integration of POS systems with other business processes
- Market expansion in developing regions
- Trends in wireless and mobile payments affecting POS terminal market
- Growth in eCommerce and mCommerce markets impacting POS terminal usage
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Point-of-Sale Terminals Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Point-of-Sale Terminals Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights